
Title: Tether to Benefit Greatly from Current US Stablecoin Regulation
In a bold statement, Tether’s CEO Paolo Ardoino claims that the stablecoin issuer is the only entity helping spread the US dollar’s hegemony in emerging countries. This comes as the US government is set to introduce stricter regulations on stablecoins, which would disproportionately benefit Tether.
The recent developments have sparked controversy and debate within the cryptocurrency community. Ardoino’s statement suggests that Tether is uniquely positioned to benefit from these new regulations due to its early mover advantage and extensive market presence.
Source: https://cryptoslate.com/tether-to-benefit-greatly-from-current-us-stablecoin-regulation/